Genius.fun Launches Fee Revenue Buyback Mechanism, GSTOCK Becomes First Eligible Token
Odaily: Genius.fun has launched a token buyback mechanism based on fee revenue, with GSTOCK being the first eligible token. Of the Genius Foundation fee revenue generated by GSTOCK trading pairs, 20% will be used to buy back GSTOCK. Other tokens with a market cap exceeding $2 million can also apply to adopt this mechanism, using a portion of the Genius Foundation fee revenue generated by their trading pairs to buy back tokens.
